About This Property
The Banks At Berkley in Norfolk, VA comprises 50 low-income units that were placed in service in 2018. The property includes 39 two-bedroom units and 11 three-bedroom units, designed to serve families. The development utilizes 9% LIHTC credit financing.
Waitlist Information
Waitlist managed by Norfolk Redevelopment & Housing Authority
Applicants may qualify with incomes between 30% and 80% of the area median income.
Preferences for this program may include Norfolk residents, working preference, and veterans. Applicants may qualify with income at 50% of the Area Median Income (AMI), or up to 80% of AMI for current residents of assisted housing.
Waitlist data provided by section8waitlist.org
Updated June 19, 2026
Property Details
Income Limits - Norfolk County, VA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,350
- Extremely Low (30%)
- $20,300
- Very Low (50%)
- $33,800
- Low (80%)
- $54,100
- Extremely Low (30%)
- $22,850
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,250
- Low (80%)
- $67,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,050
- Low (80%)
- $78,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,400
- Low (80%)
- $83,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,800
- Low (80%)
- $89,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,750 | $29,600 | $47,350 |
| 2 Persons | $20,300 | $33,800 | $54,100 |
| 3 Persons | $22,850 | $38,050 | $60,850 |
| 4 Persons | $26,500 | $42,250 | $67,600 |
| 5 Persons | $31,040 | $45,650 | $73,050 |
| 6 Persons | $35,580 | $49,050 | $78,450 |
| 7 Persons | $40,120 | $52,400 | $83,850 |
| 8 Persons | $44,660 | $55,800 | $89,250 |
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Tax Credit Program Details
Frequently Asked Questions
What size apartments are available at The Banks At Berkley?+
The Banks At Berkley offers the following unit types: 39 Two-Bedroom, 11 Three-Bedroom units, for a total of 50 units.
What are the income limits for affordable housing in Norfolk County, VA?+
For a 4-person household in Norfolk County, VA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,250, Low Income (80% AMI): $67,600. These limits are set by HUD and updated annually.
Who is eligible to live at The Banks At Berkley?+
The Banks At Berkley primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at The Banks At Berkley?+
The Banks At Berkley is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for The Banks At Berkley?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages The Banks At Berkley?+
The Banks At Berkley is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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